Shared Vision Wealth Group LLC purchased a new stake in Schwab Municipal Bond ETF (NYSEARCA:SCMB – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 32,000 shares of the company’s stock, valued at approximately $829,000.
Several other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in Schwab Municipal Bond ETF by 4,409.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 52,643,707 shares of the company’s stock valued at $1,325,569,000 after acquiring an additional 51,476,356 shares during the period. Jane Street Group LLC lifted its stake in shares of Schwab Municipal Bond ETF by 143.5% in the 2nd quarter. Jane Street Group LLC now owns 522,022 shares of the company’s stock valued at $13,145,000 after purchasing an additional 307,645 shares in the last quarter. Charles Schwab Trust Co lifted its stake in shares of Schwab Municipal Bond ETF by 38.7% in the 2nd quarter. Charles Schwab Trust Co now owns 733,104 shares of the company’s stock valued at $18,460,000 after purchasing an additional 204,665 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Schwab Municipal Bond ETF by 44.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 320,242 shares of the company’s stock worth $8,064,000 after purchasing an additional 99,133 shares during the period. Finally, Quantinno Capital Management LP acquired a new stake in Schwab Municipal Bond ETF during the 2nd quarter worth approximately $2,311,000.
Schwab Municipal Bond ETF Stock Performance
NYSEARCA SCMB opened at $25.90 on Wednesday. Schwab Municipal Bond ETF has a one year low of $24.21 and a one year high of $26.00. The company’s 50 day moving average price is $25.80 and its 200 day moving average price is $25.54.
Schwab Municipal Bond ETF Company Profile
The Schwab Municipal Bond ETF (SCMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment grade tax-exempt debt, issued by US states and territories with varying maturities. SCMB was launched on Oct 12, 2022 and is managed by Charles Schwab.
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